Advancing Digitization  In Ghana : CalBank PLC Organizes First Ever CalBank Cashless Market

CalBank PLC has organized the First Ever CalBank Cashless Market to enable sellers and their customers to transact business digitally without the use of physical cash.

The CalBank Cashless Market allowed for customers to shop from a wide range of products and brands ranging from electronics, clothing, food among others.

Managing Director for Cal Bank Mr. Philip Wiredu stated that this is a collaboration with the Accra Goods Market and is aimed at encouraging the transaction of businesses virtually.

He said "Now we would have the opportunity to go and shop but we need to have the opportunity to shop virtually; we're collaborating on this program to get close to our merchants as well as the products and services offered by CalBank to help carry the customers along."

He also highlighted on the preparedness of CalBank PLC for the implementation of the E - Levy.

He stated "We have engaged the authorities in terms of how to comply with the laws governing the policy. There are various parameters about this policy and we will continuously engage the authorities to ensure that all our operations are within the remits of the law as far as this policy is concerned."

Some merchants and customers at the program also expressed delight at the use of the cashless systems for transacting but urged Government to take steps to ensure that the process of transacting business virtually is less expensive.